Shenwu Energy Saving Co.,Ltd. Posted 4.7 Million Yuan Net Loss in First Half of 2022

Shenwu Energy Saving Co.,Ltd. (神雾节能股份有限公司) (000820.SZ) reported a net loss of 4.7 million yuan in the first half of 2022, reversing a net profit of 2 billion yuan for the same period in the previous year.

Meanwhile, the company posted 21.2 million yuan in revenue, up 1560.4% year-on-year.

At the end of the reporting period, it had 260 million yuan in total assets and 128.7 million yuan in total liabilities, with a liability-to-asset ratio of 49.5%.